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Brook Bonk joins Edberg Team as Intern
Brooke Bonk takes time from her studies at Tippie College of Business to tackle research and marketing for the Edberg Team at Lepic-Kroeger, Realtors in Iowa City! Brooke is a junior at the University of Iowa pursuing a BBA in Marketing as well as certificates in Entrepreneurial Management and Leadership Studies. Her internship on the Edberg Team at Lepic-Kroeger, Realtors begins in April, 2013 and we are thrilled to …
Jerry Lalor joins Edberg Tram
Jerry Lalor (he’s the taller one) has joined Rachel Barnes and Jeff Edberg to round out the Edberg Real Estate Team! Jerry is a talented, pleasant and an experienced business person and Realtor®. He will be focusing on listing client services while also doing both residential and commercial sales and leasing. The listing function is the backbone of the team keeping the listing inventory fresh …
Leased Investments
The Principles of Leased Investments Lepic Kroeger, Realtors Leased investments have always been strong elements of the Iowa City Commercial Real Estate and the Cedar Rapids Commercial Real Estate scene. There are great investment properties in both markets and ample high income investors with a desire to take advantage of the unique benefits a leased investment offers. …
2011 Iowa City Real Estate Recap
The leasing demand in the Iowa City Area has remained modest, yet active since the flood and financial meltdown in 2008 with some qualifications. Larger corporate expansions or relocations have often been put on hold pending perceived stability in the market. Smaller startup, expansion and relocations have been moving ahead albeit at a somewhat tepid pace.Downtown Iowa City This sector is the strongest market …
Case-Shiller Housing Value Index Blues
Case-Shiller Housing Value Index Blues The national news looks bleak with regard to home sales prices across the nation. A recent report citing the Case-Shiller Index report shows that national homes prices found a peak value in July 2006 and then fell off the cliff through the recession we were all hoping we were emerging from. Values plummeted until 2009 and started …
Iowa City Southeast Distrrict Plan
The Iowa City Southeast District Plan The new, hot topic in Iowa City planning is the Southeast Area Plan. City planners drafted a proposed plan based on public input provided through a series of community workshops and discussion forums with residents, business owners, and other interested members of the community. Areas discussed in the plan are Housing and Neighborhood Quality; Eastside Growth Area; …
New Office – New Year
2011 has begun and so has the Iowa City / Coralville Skogman Commercial office. Let’s take a look and see how both fare. I track the average home sales price, the price increase and the list price / sales price ratio as an indicator for the overall health of the Iowa City / Coralville real estate market. In the 29 years I have been …
Last Decade Iowa / US comparison
The Gazette reported in the Wednesday 12-30-2009 addition that basically, prices are higher and incomes are lower than they were 10 years ago. Median income is down $2,000, public debt is double and gas is 30% higher. At least the Iowa City housing market is stable. This is good news if you’re a real estate broker, or a home owner! I believe it also …
Iowa City Real Estate Checkup for Fall of 2009 – Q & A
1) The Current Condition of Real Estate in Iowa City? The residential real estate market, and as a following indicator, the commercial real estate markets are currently guarded, but healthy. Historically, for the last 20 years, or so, homes have increased in value by about 4% per year, have sold in 90-120 days and have sold for about 98% of what they were listed …